Tonya's budget constraint for gallons of gasoline (g) and shirts (s) each month can be expressed by the equation g = 100 – 2s, where g is the number of gallons of gasoline she buys and s is the total number of shirts she buys. assume that she spends her entire budget each month. if the price of shirts is $10, which consumption bundle lies inside tonya's budget line?
a.) 50 units of clothing and 100 units of gasolineb.) 50 units of clothing and 0 units of gasolinec.) 0 units of clothing and 100 units of gasolined.) 5 units of clothing and 10 units of gasoline

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.